15-17% max drop down can be seen before we rally for the next ATH which I have predicted in 2022 itself. You can find my posts here on the forum.
Overall, it's a healthy correction incoming and similar stuff happened in the previous cycles too.
Bitcoin experiencing a 15-17% price drop is not what should trigger a disturbance among investors but should rather be taken as opportunity to buy more within the period of such percentage dip. Ultimately, this circle is going to blow a lot of minds, the unprecedented new ATH reached before halving is something that has never been in the history of previous circles and there are glaring reasons that triggered that effect, especially the bitcoin spot ETF. However, we are all working base on speculations buy what's important within all of these speculations is that after all the lows and highs the bullrun is inevitable consistent to bitcoin 4 years circle's.
Well, even if its price drops even more, that should not cause worrying on our part since we all know how volatile bitcoin is most especially that bitcoin halving is getting nearer, because at the end of the day, bitcoin will eventually move upward again just like how its history tells. Just like OP said, overall it’s a healthy correction anyway and that we should still continue to take advantage while bitcoin price is dropping drastically.
Bull run is certainly the ultimate goal after all of these. And as long as we never end up panic selling due to current price drops, we will still be eligible to get massive profits soon. Patience is the key.
